Sentences with phrase «lower bodily injury limits»

Someone with one child is most likely going to have lower bodily injury limits than someone with 5 children.

Not exact matches

With any lower liability limit than that, you might as well not even have the policy if there's a bodily injury loss, for example.

For example, let's assume there is a catastrophic injury case where the at - fault person only has low bodily injury insurance limits of $ 10,000.

If SUM coverage has been purchased and you have an accident with another vehicle that is insured but has bodily injury liability limits lower than yours, or if such vehicle has no insurance at all, SUM coverage will be activated.

With any lower liability limit than that, you might as well not even have the policy if there's a bodily injury loss, for example.

If you do carry bodily injury liability coverage, but with low limits, you still could be putting yourself at risk financially, since if you cause a serious accident where injury expenses exceed your limits you can be held responsible for the amount above your limits.

When the ridesharing app is open but a passenger has not been assigned, referred to as Period 1, Uber and Lyft offer low coverage limits for drivers: Liability coverage of 50 / 100/25, which translates into $ 50,000 for bodily injury per person, $ 100,000 for bodily injury per accident, and $ 25,000 for property damage.

Delaware's former minimum liability requirements of $ 15,000 per person, $ 30,000 per accident for bodily injury and $ 10,000 for property damage were rather low — only a couple of states had lower minimum bodily injury limits.

If you carry UMBI, most states require your limits for this coverage to be the same or lower than your bodily injury liability limits.

Limits are about $ 5,000 lower per person for bodily injury compared to standard policies, and don't provide the option for physical damage (collision & comprehensive coverage).

For example, if an ATV or UTV insurance policy has a bodily injury limit of $ 25,000 per person / per accident, the same policy's property damage limit might be $ 25,000 or lower.

The limit is typically as much or lower than the per - person limit of the ATV policy's bodily injury liability insurance.

If Person 1's medical bills total $ 40,000, Person 2's cost $ 30,000 and Person 3's cost $ 25,000, you're likely covered, as each person's bills were under $ 50,000 (your bodily injury limit per person), and the total cost of injuries is $ 95,000, which is lower than your $ 100,000 bodily injury limit for a single accident.

Personal Umbrella Insurance is a relatively low - cost way to provide additional coverage if you're sued for bodily injury or property damage beyond the limits of your existing policies.

State auto insurance law requires that uninsured motorist policies be equal in value to drivers» liability policies unless they specifically choose to elect lower limits for bodily injury uninsured motorist coverage.